Sourcing Analyst supporting vendor management through negotiations and lifecycle activities for West Bend. Collaborating with stakeholders to ensure data-driven contract management aligning with enterprise goals.
Responsibilities
Support and/or lead sourcing events, which may include RFIs, RFPs and competitive bid processes, in partnership with internal stakeholders.
Conduct commercial, pricing, and spend analysis to support sourcing recommendations, contract negotiations, and vendor selection decisions.
Draft, review, and negotiate contracts, amendments, and renewals in collaboration with Legal, Vendor Management and internal stakeholders.
Support contract and vendor lifecycle governance activities, including onboarding, performance monitoring, issue resolution, and renewals.
Maintain accurate vendor, contract, and sourcing documentation within contract management systems.
Prepare analyses, summaries, and recommendations for leadership to support sourcing, vendor and contract-related decisions.
Collaborate cross-functionally to ensure sourcing and contract activities align with enterprise policies, risk considerations and business objectives.
Identify opportunities for process improvement, standardization, and enhanced data quality within sourcing and vendor management activities.
Requirements
3+ years of procurement, contract, sourcing, or vendor management experience.
Knowledge of contract terms, conditions, and legal requirements and regulations.
Demonstrated experience supporting or leading sourcing events, contract negotiations, or vendor selection processes.
Strong analytical skills, including experience with spend analysis, pricing models, or financial evaluation of vendor proposals.
Ability to translate data and analytics into clear recommendations for internal stakeholders and leadership.
Experience working cross-functionally with Legal, Finance, Information Technology and internal stakeholders.
Strong written and verbal communication skills.
Ability to manage multiple priorities.
High attention to detail and judgment.
Approachable with strong listening skills.
P & C Insurance or Technology category experience preferred.
Bachelor’s degree, equivalent experience, or combination
Benefits
Medical & Prescription Insurance
Health Savings Account
Dental Insurance
Vision Insurance
Short and Long Term Disability
Flexible Spending Accounts
Life and Accidental Death & Disability
Accident and Critical Illness Insurance
Employee Assistance Program
401(k) Plan with Company Match
Pet Insurance
Paid Time Off
Standard first year PTO is 17 days, pro-rated based on month of hire.
Enhance d PTO may be available for experienced candidates
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